Cambridge Investment Research Advisors Inc. boosted its holdings in shares of First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG – Free Report) by 13.3% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 534,013 shares of the company’s stock after acquiring an additional 62,673 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in First Trust Limited Duration Investment Grade Corporate ETF were worth $10,114,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Raymond James Financial Inc. bought a new position in First Trust Limited Duration Investment Grade Corporate ETF during the fourth quarter valued at about $16,407,000. Independent Advisor Alliance bought a new position in First Trust Limited Duration Investment Grade Corporate ETF in the 4th quarter valued at $9,716,000. LPL Financial LLC boosted its position in shares of First Trust Limited Duration Investment Grade Corporate ETF by 5.2% during the 4th quarter. LPL Financial LLC now owns 7,181,535 shares of the company’s stock valued at $135,516,000 after acquiring an additional 354,539 shares during the last quarter. Wells Fargo & Company MN lifted its position in First Trust Limited Duration Investment Grade Corporate ETF by 10.6% during the fourth quarter. Wells Fargo & Company MN now owns 3,013,866 shares of the company’s stock valued at $56,872,000 after purchasing an additional 288,666 shares during the last quarter. Finally, Stifel Financial Corp lifted its holdings in shares of First Trust Limited Duration Investment Grade Corporate ETF by 50.4% during the 4th quarter. Stifel Financial Corp now owns 672,058 shares of the company’s stock worth $12,682,000 after acquiring an additional 225,230 shares during the last quarter.
First Trust Limited Duration Investment Grade Corporate ETF Trading Down 0.1%
Shares of First Trust Limited Duration Investment Grade Corporate ETF stock opened at $19.13 on Thursday. First Trust Limited Duration Investment Grade Corporate ETF has a 12 month low of $18.70 and a 12 month high of $19.33. The business’s 50-day moving average price is $19.00 and its 200-day moving average price is $18.94.
First Trust Limited Duration Investment Grade Corporate ETF Profile
The First Trust Limited Duration Investment Grade Corporate ETF (FSIG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to provide current income from an actively managed portfolio of short-term US investment-grade corporate bonds. FSIG was launched on Nov 17, 2021 and is managed by First Trust.
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Want to see what other hedge funds are holding FSIG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG – Free Report).
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